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Derivative Financial Instruments (Tables)
 9 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
Presented below in tabular form is information on the location and amounts of derivative fair values in the Consolidated Condensed Balance Sheets and derivative gains and losses in the Consolidated Condensed Statements of Income:

Fair Value of Derivative Instruments
December 31, 2023 and March 31, 2023
 
 Derivatives and Hedging  Activities Designated as Cash Flow HedgesDerivatives and Hedging Activities Designated as Net Investment HedgesDerivatives and Hedging Activities Not Designated as Hedging Instruments
 December 31, 2023March 31, 2023December 31, 2023March 31, 2023December 31, 2023March 31, 2023
Prepaid and other current assets:
Lead forward contracts$— $— $— $— $— $— 
Foreign currency forward contracts— 723 — — — 200 
Net investment hedges— — — — — — 
Other assets:
Interest rate swaps113 — — — — — 
Net investment hedges— — — — — — 
Total assets$113 $723 $— $— $— $200 
Accrued expenses:
Lead forward contracts$1,532 $89 $— $— $— $— 
Foreign currency forward contracts298 — — — 262 — 
Other liabilities:
Interest rate swaps— 1,162 — — — — 
Net investment hedges— — 23,176 15,760 — — 
Total liabilities$1,830 $1,251 $23,176 $15,760 $262 $— 
The Effect of Derivative Instruments on Consolidated Condensed Statements of Income
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended December 31, 2023
Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$(2,403)Cost of goods sold$1,312 
Foreign currency forward contracts(90)Cost of goods sold410 
Interest rate swaps(2,946)Interest expense1,612 
Total$(5,439)$3,334 
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$(7,420)Interest expense$796 
Total$(7,420)$796 

Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$538 
Total$538 
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended January 1, 2023
Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$12,278 Cost of goods sold$(4,144)
Foreign currency forward contracts(654)Cost of goods sold1,660 
Total$11,624 $(2,484)
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$(10,526)Interest expense$360 
Total$(10,526)$360 
Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$1,856 
Total$1,856 

The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the nine months ended December 31, 2023

Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$(25)Cost of goods sold$4,860 
Foreign currency forward contracts769 Cost of goods sold346 
Interest rate swaps 3,517 Interest expense 2,242 
Total$4,261 $7,448 
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$(6,509)Interest expense$908 
Total$(6,509)$908 

Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativePretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$(666)
Total$(666)
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the nine months ended January 1, 2023

Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$1,750 Cost of goods sold$(5,342)
Foreign currency forward contracts1,962 Cost of goods sold2,931 
Total$3,712 $(2,411)
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$30,092 Interest expense$3,283 
Total$30,092 $3,283 
Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativePretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$1,383 
Total$1,383